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20121212
20121212
Search Results 0 to 7 of about 8 (some duplicates have been removed)
$1.9 billion to settle u.s. allegations of money laundering. our chief economics correspondent has all the details. >> the largest bank in money- laundering, cartels washed through the bank. it resulted in a $1.9 billion fine, the biggest in u.s. banking history. the american authorities >> the corruption of the financial system by drug traffickers and other criminals, and free evading u.s. sanctions and law. >> they find $7 billion will be transferred between mexico and the u.s.. there were 25,000 transactions involving iran. in $290 million in suspicious traveler's checks were cleared by the bank. in a statement, they said they were story -- sorry for past mistakes. the former chairman was appointed as trade minister for david cameron. he had this to say when the allegations emerged in july. >> there were failures of the implementation, they expressed regret for that. it is a company i am proud to have worked for. >> they are not the only british bank to run these. the accusations of sanctions violations. other leading european banks have also in recent years reached settlements
, corruption scandals, and disastrous investments in the u.s. and brazil. it was hoping to benefit from lower production costs at the new steel plant near rio de janeiro. the costs to build the facility have spiraled out of control. billions of euros wasted. it is a similar picture in the u.s. where a costly steel plant is incurring heavy losses due to the steel downturn. investment decisions have weighed heavily with building costs rising to 12 billion euro. to make matters worse, they have been hit with huge funds in their real division. this has triggered a leadership crisis. the executive board has asked three top executives to leave. >> until now, there has been in management style where the old boys' network was more important than corporate success. to some extent, this led to ignoring irregularities rather than correcting them. >> despite the crisis, he is trying to reverse the fortunes. they plan to sell the troubled plants in the u.s. and reduce their presence in the risky steel sector. they are examining all options. >> for more rainiers on the reaction from traders, we have this r
profiles chinese artist and dissident ai wei wei, whose work is on exhibit in the u.s. for the first time. >> if we can change ourselves, that means part of society will change. if more people can do so, then we can change the society. >> woodruff: and we look at what the federal trade commission calls a "digital danger zone," mobile applications that gather data about children. >> what needs to be done is a way for parents to easily at any time see exactly what's being collected and who they are sharing that information with. >> woodruff: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy, productive life. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: michigan, a s
the bill about an hour ago making michigan the 24th state to be a right-to-work state in the u.s. mike tobin is on fox top story. is he live at the capitol in lansing. i just we just heard from the governor, right, mike? >> we did. we heard from the governor with a column of state troopers in riot gear surrounding his office building from. behind that column of protection he made his announcement that right-to-work is now a reality. here in michigan the cradle of organized labor and the governor explained why. >> fortrong reasons. first of all, worker choice. the freedom to choose and the concept of more and better jobs for our state. i think it was a good thing to sign this legislation and move forward. [shouting] >> the demonstrations did get tough. tent americans for prosperity was toppled by union demonstrators with people inside. there were no significant injuries. there was also a report that one person was pepper sprayed and that is an individual who attempt to man handle a female state trooper. no arrests were made. for the most part what you had out here shepard is sound and f
piper is in bangkok, thailand. what is the reaction across asia to this launch, david? >> reporter: u.s. allies, japan, south korea condemn the action. philippines, where the rocket landed 200 miles off its shore protested. japan is particularly upset because it flew over the okinawa islands where there is large u.s. presence. south korea is calling for more u.s. sanctions. the most important, china, they are saying want a moderate and prudent response. may well go to the u.n. security council this morning. back to you. martha: so how important is it for north korea's missile regime, missile program i should say they were able to launch this weapon successfully? they have seen several failures in the past? >> reporter: well it is a major scientific achievement if you look at it on that level even though a lot of their people are starving in the country. from what the experts are saying they're still a long way off from being able to fire a ballistic missile with a nuclear warhead. there is problems with the heat from reentry, things like that. but it's, they are moving towards that ball
syrian rebels in an effort to end assad's regime. the u.s. doesn't plan to provide arms to the rebels. >>> and from our parade of papers, "the dallas morning news." north korea has defied international warnings, firing another long-range rocket. the second such launch under new leader kim jong-un. korean state tv claims the launch was successful and that the rocket delivered a, quote, peaceful satellite into orbit. >>> this is a big morning now. >> it is. he's here. >> he's here in the flesh in new york city in the studio. >> 12-12-12. happy 12-12-12. >> top 12 reasons, something. >> willie and i since 11-11-11 -- >> i was watching you. >> and we're, like, on the holiday inn over on 57th. we're going to be ready when it's 12-12-12 because that's going to be a special day. we'll make a top 12 list of the things a man should do to -- >> and we want to get this right. >> we're going to get it right. >> because we were so wrong about y2k. >> we really were. >> the millennium. >> we really were. you know what? let's not kill hamlet in the first act. we're going to give you our special top
Search Results 0 to 7 of about 8 (some duplicates have been removed)